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Helmerich & Payne reports Q2 EPS $1.55, consensus $1.06

Reports Q2 revenue $769.22M, consensus $752.09M. President and CEO John Lindsay commented, "H&P delivered another outstanding quarter and executed on a goal we set a year ago to generate 50% direct margins in our NAS segment. The reason for setting that goal was to generate double digit returns that exceed our double digit cost of capital. With this milestone accomplished, our focus now turns to maintaining those levels of returns going forward."

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Published first on TheFly

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